Axis Bank Sunam Sangrur Punjab MICR CODE

Find MICR Codes for Axis Bank Sunam Sangrur Punjab

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MICR Code	148211995
Bank	Axis Bank
Business Hours	Monday to Saturday 10 am to 4 pm
Mode Of Payment	Cash,Cheque,Demand Draft and Net banking
Branch	Gujran
Contact	9878966006
Bank Details	Axis Bank Gujran UTIB0002443

Location	Sunam, Sangrur
City	Sunam
District	Sangrur
State	Punjab
Pincode	148035
Country	IN
Address	Ground floor, khata no. 90/438, khasra no.113//7/2/2(0-15), 113//8/1 (1-14), 113//13/2/2(1-5), village:-gujran, tehsil: sunam, district: sangrur, punjab, pin 148035

Note: The working hours listed are generalized for all banks. Please take a note that the bank timings may vary from branch to branch. As per guidelines issued by Reserve Bank of India, banks will not be operational on 2nd and 4th Saturdays and all Sundays of a month.

How does MICR code 148211995 for Gujran branch help to speed up the cheque clearing process?

In manual clearing of cheques, many errors may occur and the whole process is quite time consuming. The MICR technology speeds up the processing of cheque as it reduces manual efforts of sorting. Thus the 148211995 of Axis Bank, Gujran branch makes the system almost error free and faster. Use of Axis Bank MICR codes for Gujran branch, makes the characters readable even if there are other marks and stamps on it.

A total of 2 branches of Axis Bank are available with micr code -

>>Gujran >>Sunam

MICR code for Axis Bank Gujran

Axis Bank MICR (Magnetic Ink Character Recognition) code is a machine readable code used for processing and clearance of cheques. Axis Bank MICR code for Gujran is a 9 digit code, in which first 3 digit represents the city code, next 3 digit to bank code and later 3 digit to branch code. 148211995 is the MICR code of Axis Bank for Gujran branch. MICR code for Gujran branch includes document type indicator, bank code, cheque number, etc. When a cheque goes for clearing, this code is read by a magnetic reader and then automatically sorted. MICR code for Axis Bank Gujran is presented in the table alongside.

Use of Axis Bank MICR code for Gujran branch in sunam

The MICR code 148211995 is used in RBI cheque clearing process to identify the branch Gujran and Axis Bank bank for clearing processes. The MICR characters, which are printed using magnetic ink, are passed before a MICR reader. Initially the ink gets magnetized and when it is read, each character produces a unique waveform which can be easily identified. MICR code of Axis Bank is typically in either of these two font’s: E-138 and CMC-7.

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